"Large Cooking Appliances in Hong Kong, China" Published

Large cooking appliances slowed marginally in volume growth in 2014 compared to 2013, mainly due to the slowdown in property sales. However, the essential nature of large cooking appliances such as built-in hobs in homes supported the positive volume growth of large cooking appliances during 2014.

Competitive Landscape

Hong Kong & China Gas Co Ltd maintained its lead in large cooking appliances during 2014 with a volume share of 47%. Its dominance as a gas supplier in Hong Kong ensured consumer confidence in its large cooking appliances offered. Furthermore, the convenience of getting a large cooking appliance at the same time as the gas supply appealed to time-poor consumers.

Industry Prospects

Over the forecast period, large cooking appliances is expected to register a volume CAGR of 1%. The stable volume growth over the forecast period is due to its essential nature in households. The continued increase in the number of new properties will benefit the performance of large cooking appliances over the forecast period. While the increase in public housing is likely to favour freestanding cooking appliances, the increase in private housing is likely to benefit built-in appliances more. Consumers will also start to demand gas and energy efficient large cooking appliances in the forecast period as they become increasingly concerned about environmental issues.

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Report Overview

Discover the latest market trends and uncover sources of future market growth for the Large Cooking Appliances industry in Hong Kong, China with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Large Cooking Appliances industry in Hong Kong, China, our research will save you time and money while empowering you to make informed, profitable decisions.

The Large Cooking Appliances in Hong Kong, China market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Large Cooking Appliances in Hong Kong, China?
* What are the major brands in Hong Kong, China?
* What is the most common cooking appliances in Hong Kong, China?
* Has there been a shift to higher unit price built-in products?

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